OTTAWA, Dec. 9, 2016 /CNW/ - Ackroo Inc. (TSX-V:
AKR) (OTC: AKRFF) ("Ackroo" or the "Company"), a gift card, loyalty
and rewards technology and services provider, today announced they
have added another 20 location automotive dealer group putting the
total amount of automotive dealers they support in Canada to more then 300. With an
estimated 3,200 automotive dealers in Canada, Ackroo now supports almost 10% of all
car dealers in Canada.
"Automotive is a very important segment for Ackroo" said
Steve Levely, chief executive
officer at Ackroo. "Our solution caters well to the needs of
automotive dealers helping them with discount avoidance, customer
and revenue growth, retention and more. Today, automotive
dealerships represent almost 20% of our client portfolio and as we
work to expand our business one of the focused verticals remains
automotive. We have added key features to our technology and
have expanded our marketing services options to better support our
growth plans in this segment. The addition of this most recent
dealer group is further evidence that our product and approach fit
very well and so we look forward to continuing to support and grow
in this area."
About Ackroo
Ackroo provides gift card and loyalty processing solutions to
help small to medium sized businesses attract, retain and grow
their customers and their revenues. Through a SaaS based business
model Ackroo provides an in-store and online automated solution to
help merchants process gift card & loyalty transactions at the
point of sale, provide key administrative and marketing data, and
to allow customers to access and manage their gift card and loyalty
accounts. Ackroo also provides important marketing services to
assist their merchants with utilizing Ackroo's technology solution.
Ackroo is headquartered in Ottawa,
Canada. For more information, visit: www.ackroo.com.
The TSX Venture Exchange has neither approved nor disapproved
the contents of this press release. Neither TSX Venture Exchange
nor its Regulation Services Provider (as that term is defined in
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.
Forward Looking Statements
These forecasts and forward-looking statements are not
guarantees of future performance and activities and are subject to
risks and uncertainties. The company has based these
forward-looking statements on assumptions and assessments made by
its management in light of their experience and their perception of
historical trends, current conditions, expected future developments
and other factors they believe to be appropriate. Important factors
that could cause actual results, developments and business
decisions to differ materially from those anticipated in these
forward-looking statements include, but are not limited to: the
company's ability to raise enough capital to support the company's
go forward plans; the overall global economic environment; the
impact of competition and new technologies; general market,
political and economic conditions in the countries in which the
company operates; projected capital expenditures and liquidity;
changes in the company's strategy; government regulations and
approvals; changes in customers' budgeting priorities; plus other
factors that may arise. Any forward-looking statements in this
press release are made as of the date hereof, and the company
undertakes no obligation to publicly update or revise any
forward-looking statements, whether as a result of new information,
future events or otherwise, except as required by law.
SOURCE Ackroo Inc.
